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Jessica Simpson’s cash woes may be over: Singer launches jewelry collection at Walmart

Jessica Simpson may soon see some cash coming in after she teamed up with Walmart to launch a new jewelry collection.

The Where You Are singer, 41, announced on Wednesday the launch of the JS Jessica Simpson semi-fine jewelry collection and her partnership with the retail giant.

‘I’m excited to partner with @walmart to launch the JS Jessica Simpson semi-fine jewelry collection! Each piece has a unique story, it embodies the nostalgia of a moment and I feel all the sparkles sharing these designs with you,’ she posted on her account.

Go for the gold!  Jessica Simpson's cash woes may soon be a thing of the past after she teamed up with Walmart to launch a new jewelry collection.

Go for the gold! Jessica Simpson’s cash woes may soon be a thing of the past after she teamed up with Walmart to launch a new jewelry collection.

In the photo announcing her new accessories, Jessica wore layers of delicate gold necklaces, statement rings, and hoop earrings.

The new partnership may help ease some of Jessica’s recent financial woes after she spent millions of her own money to save her fashion brand.

Recently, he shockingly admitted that his credit card was declined at the Taco Bell fast food restaurant.

“I’m emptying my bank account,” the singer said on the talk show The Real last month. ‘I don’t have any working credit card. It’s okay. I’ll pay cash. I went to Taco Bell the other day and my card was denied. I’m on a tight budget, ladies!

'I'm emptying my bank accounts': Simpson recently admitted she 'doesn't have a working credit card' and was DENIED at a fast food restaurant after repurchasing her brand

‘I’m emptying my bank accounts’: Simpson recently admitted she ‘doesn’t have a working credit card’ and was DENIED at a fast food restaurant after repurchasing her brand

Last October, Simpson reportedly offered $65 million of his own money to regain full ownership of his billion-dollar fashion brand, the Jessica Simpson Collection, after its parent company, Sequential Brands Group Inc, seized. declare bankruptcy.

Despite the huge success of the fashion line, Simpson herself was never a billionaire, having only licensed her name to the company, earning $13 million or less during the time it generated $1 billion in sales, according to Bloomberg.

Now Simpson, who last month did a sponsored ad for allergy drug Flonase, is making the risky move of investing his personal wealth in the project to revive it.

But she doesn’t seem scared.

“With money, there’s a lot of fear associated with it,” she added to the ladies of The Real.

Big risk: Last October, Simpson reportedly offered $65 million of her own money to regain full ownership of her billion-dollar fashion brand, the Jessica Simpson Collection (Photo; 2020)

Big risk: Last October, Simpson reportedly offered $65 million of her own money to regain full ownership of her billion-dollar fashion brand, the Jessica Simpson Collection (Photo; 2020)

Shock: Jessica alarmed the ladies of The Real when she opened up about how she doesn't have a working credit card right now

Shock: Jessica alarmed the ladies of The Real when she opened up about how she doesn’t have a working credit card right now

Denied: Jessica admitted her credit card was declined when she tried to order Taco Bell

Denied: Jessica admitted her credit card was declined when she tried to order Taco Bell

‘And I’m the person you get mad at at the blackjack table. I will expose everything if I am the one who is running the show, because I believe in myself and I know what I can do. And I know that nothing will stop me, and if you try to stop me, I will try harder.

The Newlyweds star co-founded the Jessica Simpson Collection in 2005 with her mother Tina Simpson and the pair are still working on it today. In November of last year, a defiant Simpson told fans how she overcame the odds to win back the mark from her.

“I am truly honored to claim 100% ownership of MY name and brand,” she wrote. ‘It was a long journey to get to this point. They told me no, that brand ownership was out of the question, that I wasn’t relevant enough and that I would never have 100%’.

‘My mom @tinasimpsonofficial and I stood firm, patient, determined, brave and STRONG. TODAY we can look back and say that we OVERCOME ALL THE ODDS that are stacked against us. We resist the battle and claim victory today WITH CONFIDENCE! The entire Jessica Simpson collection belongs to us!’

Simpson currently has an estimated net worth of around $200 million thanks to her singing and acting career, fashion brand, and other endorsements. two

The reality star reportedly owned just over a third of the brand (37.5%) when Sequential Brands Group Inc. bought a majority stake in Camuto Group in 2015.

Big risk: Jessica has hinted that she is now putting all her money into saving her brand.

Big risk: Jessica has hinted that she is now putting all her money into saving her brand.

“It means the world to me to be able to take full ownership of my brand,” he told Footwear News last year.

‘After 16 years in the business, I feel ready to face this exciting next phase with open arms. I know the sky is the limit when my mom, our amazing team and I hold on to our clients completely.’

Her mother and business partner, Tina, added, “To all of our incredible, talented and hard-working licensing partners, knowing that Jessica is at the helm gives you strength and confidence going forward.”

“And for Jessica to regain control of her namesake brand, it allows her and I, along with our amazing team, licensing and retail partners, to build the legacy brand to carry on for her children and her family.”

It certainly looks like the brand still has life, with sales up 92% compared to 2020 and 9% compared to 2019, according to Footwear News.

Camuto’s SVP of Sales, Geralyn Lyman, also spoke positively about the brand when speaking to the industry outlet.

‘Coming out of a pandemic, [Jessica Simpson] it’s offering the polar opposite: It’s not about slippers, it’s not about athleisure, it’s not about any of those comforts of home that everyone’s been living with,” Lyman said.

‘It’s all about showing off and being seen in high heels, cool colors and lots of glitter.’

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